South Dakota isn’t only an affordable place to do business; it is an affordable place to live as well. Our housing and utility costs are lower than the national average, yet we maintain a high quality for our residents.
The ACCRA Cost of Living Index measures relative price levels for consumer goods and services in participating areas. The average for all participating places, both metropolitan and non-metropolitan, equals 100, and each participant’s index is read as a percentage of the average for all places.
State
Rank
Composite Index
Grocery Items
Housing
Utilities
Misc. Service/Goods
South Dakota
26
98.5
100.2
93.8
99.1
102.8
California
49
132.6
112.2
165.1
129.2
113.3
New Jersey
46
128.5
110.8
165.0
130.9
110.2
New York
45
128.3
111.4
124.6
139.9
113.6
Massachusetts
42
117.8
108
95.3
109.7
105.9
Minnesota
33
102.2
100.7
99
106.1
Pennsylvania
31
103.2
90.2
96.2
Illinois
20
96.1
96.7
90.1
93.9
95.7
Iowa
14
94
93.7
80.5
107
97.6
Indiana
15
94.2
92.1
82.2
97.5
95.4
Texas
5
91.0
89.4
83.1
94.3
92.6
Nebraska
6
91.1